14 Mar 2025
The Budget speech’s two-part VAT hike and its effects on individuals
By Staff Writer
The revised Budget speech, delivered by Finance Minister Enoch Godongwana today, announced changes to VAT over the next two years – perhaps, the most crucial point for consumers in his address. But what will Budget 2025 and VAT increases mean for consumers? Godongwana stated, “To raise the revenue needed, the government proposes to increase the...
